Exhibit 20.1
CNH Equipment Trust 2002-A
$162,400,000 Class A-1 2.0825% Asset Backed Notes due April 15, 2003
$235,456,000 Class A-2 3.1300% Asset Backed Notes due September 15, 2004
$356,019,000 Class A-3 Floating-Rate Asset Backed Notes due July 17, 2006
$183,625,000 Class A-4 Floating-Rate Asset Backed Notes due August 15, 2008
$30,000,000 Class B Floating-Rate Asset Backed Notes due August 15, 2008
$32,500,000 Class C Floating-Rate Asset Backed Notes due March 15, 2010
Please contact Kim Zier at (262) 636-6644 with any questions regarding this report or email abs@cnh.com. For additional information consult http://investors.cnh.com.
|
|
|
| 502030 |
| 502031 |
| 502033 |
| 502051 |
| 5502030 |
| 5502031 |
| 5502033 |
| 5502051 |
|
Cutoff Date |
|
|
| 7/31/2004 |
| ||||||||||||||
|
|
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| |
| Period |
| Pool 1 |
| Pool 2 |
| Pool 3 |
| Pool 4 |
| Pool 5 |
| Pool 6 |
| Pool 7 |
| Pool 8 |
| |
Scheduled Cashflows |
| 0 |
| 171,613.73 |
| 812,174.48 |
| 6,440.51 |
| 99,460.42 |
| 379,415.55 |
| 1,120,515.51 |
| 10,719.11 |
| 137,526.12 |
|
|
| 1 |
| 365,368.72 |
| 1,223,350.50 |
| 89,683.82 |
| 686,790.68 |
| 456,057.63 |
| 1,510,015.76 |
| 71,789.10 |
| 225,779.48 |
|
|
| 2 |
| 374,301.54 |
| 1,628,954.10 |
| 113,587.54 |
| 829,385.37 |
| 396,709.17 |
| 1,642,635.84 |
| 76,557.25 |
| 268,352.47 |
|
|
| 3 |
| 372,832.85 |
| 2,933,528.91 |
| 127,023.05 |
| 885,757.79 |
| 415,092.37 |
| 2,698,593.82 |
| 85,080.00 |
| 957,198.65 |
|
|
| 4 |
| 522,586.34 |
| 7,371,147.83 |
| 117,029.98 |
| 953,112.83 |
| 489,377.37 |
| 5,148,620.63 |
| 80,623.68 |
| 3,503,993.21 |
|
|
| 5 |
| 771,741.11 |
| 9,293,827.02 |
| 134,271.14 |
| 855,058.72 |
| 443,177.43 |
| 3,910,212.04 |
| 97,319.53 |
| 901,675.10 |
|
|
| 6 |
| 1,563,429.28 |
| 6,801,124.46 |
| 168,853.47 |
| 243,814.05 |
| 1,448,685.25 |
| 2,773,633.14 |
| 229,932.21 |
| 288,309.22 |
|
|
| 7 |
| 4,200,163.52 |
| 1,406,240.29 |
| 214,552.55 |
| 37,616.01 |
| 2,188,572.15 |
| 1,181,307.95 |
| 204,686.89 |
| 4,066.24 |
|
|
| 8 |
| 571,949.15 |
| 1,312,882.63 |
| 20,610.81 |
| 18,005.39 |
| 352,583.13 |
| 1,195,463.53 |
| 4,979.80 |
| 3,365.46 |
|
|
| 9 |
| 331,331.76 |
| 1,252,014.17 |
| 14,578.62 |
| 15,434.99 |
| 370,171.76 |
| 1,246,606.87 |
| 6,125.28 |
| 3,025.51 |
|
|
| 10 |
| 331,548.94 |
| 1,257,493.58 |
| 14,578.62 |
| 15,434.99 |
| 325,662.36 |
| 1,329,233.00 |
| 1,102.23 |
| 4,666.83 |
|
|
| 11 |
| 239,987.44 |
| 1,199,746.17 |
| 14,578.62 |
| 26,144.27 |
| 322,110.52 |
| 1,360,297.47 |
| 2,630.40 |
| 14,241.28 |
|
|
| 12 |
| 323,187.42 |
| 1,380,327.53 |
| 14,578.62 |
| 15,434.99 |
| 373,434.68 |
| 1,416,022.18 |
| 5,116.13 |
| 4,666.83 |
|
|
| 13 |
| 343,418.10 |
| 1,131,554.12 |
| 14,578.62 |
| 15,434.99 |
| 412,271.15 |
| 1,251,232.21 |
| 2,630.40 |
| 4,666.83 |
|
|
| 14 |
| 263,316.08 |
| 1,243,457.64 |
| 14,578.62 |
| 15,434.99 |
| 334,563.56 |
| 1,250,627.50 |
| 2,630.40 |
| 4,666.83 |
|
|
| 15 |
| 276,205.69 |
| 2,171,082.02 |
| 24,597.37 |
| 15,434.99 |
| 341,771.98 |
| 2,061,397.89 |
| 5,116.13 |
| 4,666.83 |
|
|
| 16 |
| 393,894.01 |
| 5,512,527.75 |
| 14,578.62 |
| 36,576.18 |
| 405,290.60 |
| 4,321,442.92 |
| 2,630.40 |
| 10,249.30 |
|
|
| 17 |
| 596,256.50 |
| 6,966,764.18 |
| 14,578.62 |
| 41,587.09 |
| 350,978.82 |
| 3,015,048.40 |
| 11,124.73 |
| 126,070.08 |
|
|
| 18 |
| 1,239,339.34 |
| 4,850,663.43 |
| 14,578.52 |
| 6,649.83 |
| 1,180,790.96 |
| 2,034,506.63 |
| 31,461.26 |
| 44,231.37 |
|
|
| 19 |
| 2,898,371.91 |
| 882,884.02 |
| 28,314.89 |
| 6,649.83 |
| 1,764,362.73 |
| 794,189.90 |
| 10,558.73 |
| 249.90 |
|
|
| 20 |
| 357,952.06 |
| 828,852.27 |
| 10,208.28 |
| 6,649.83 |
| 246,547.53 |
| 792,454.88 |
| 1,102.23 |
| 249.90 |
|
|
| 21 |
| 227,068.07 |
| 784,312.83 |
| 10,208.28 |
| 6,649.83 |
| 244,549.09 |
| 832,457.80 |
| 3,587.96 |
| 103.97 |
|
|
| 22 |
| 220,331.73 |
| 745,036.63 |
| 10,208.28 |
| 6,649.83 |
| 222,400.25 |
| 900,363.68 |
| 1,102.23 |
| 1,641.32 |
|
|
| 23 |
| 137,475.26 |
| 658,026.26 |
| 10,208.28 |
| 17,359.11 |
| 214,547.73 |
| 902,384.53 |
| 2,630.40 |
| 11,215.77 |
|
|
| 24 |
| 209,375.87 |
| 814,635.49 |
| 10,208.28 |
| 6,649.83 |
| 254,183.24 |
| 898,885.67 |
| 5,116.13 |
| 1,641.32 |
|
|
| 25 |
| 210,244.38 |
| 616,377.95 |
| 10,208.28 |
| 6,649.83 |
| 279,480.30 |
| 801,813.15 |
| 2,630.40 |
| 1,641.32 |
|
|
| 26 |
| 161,716.90 |
| 675,114.56 |
| 10,208.28 |
| 6,649.83 |
| 222,829.83 |
| 809,571.09 |
| 2,630.40 |
| 1,641.32 |
|
|
| 27 |
| 168,831.07 |
| 1,497,470.97 |
| 10,208.28 |
| 6,649.53 |
| 225,365.77 |
| 1,471,769.11 |
| 5,116.13 |
| 1,641.31 |
|
|
| 28 |
| 386,685.82 |
| 4,378,300.96 |
| 10,208.28 |
| 26,717.35 |
| 267,863.20 |
| 3,328,406.46 |
| 2,630.30 |
| 7,223.60 |
|
|
| 29 |
| 378,924.43 |
| 4,970,341.34 |
| 10,208.28 |
| 32,810.88 |
| 225,368.92 |
| 1,923,456.53 |
| 11,124.73 |
| 125,820.09 |
|
|
| 30 |
| 910,608.14 |
| 3,125,669.32 |
| 10,208.28 |
| 4,829.12 |
| 890,658.86 |
| 1,042,483.58 |
| 31,460.77 |
| 43,981.47 |
|
|
| 31 |
| 2,136,698.45 |
| 192,497.65 |
| 50,809.64 |
| 0.00 |
| 1,270,596.39 |
| 86,096.73 |
| 9,456.50 |
| 0.00 |
|
|
| 32 |
| 149,778.45 |
| 101,858.07 |
| 944.75 |
| 0.00 |
| 66,409.71 |
| 73,785.86 |
| 0.00 |
| 0.00 |
|
|
| 33 |
| 7,620.31 |
| 33,898.13 |
| 944.75 |
| 0.00 |
| 37,481.39 |
| 71,779.50 |
| 0.00 |
| 0.00 |
|
|
| 34 |
| 1,078.22 |
| 82,912.81 |
| 0.00 |
| 0.00 |
| 18,237.41 |
| 49,975.96 |
| 0.00 |
| 0.00 |
|
|
| 35 |
| 1,078.22 |
| 10,976.14 |
| 0.00 |
| 0.00 |
| 14,810.55 |
| 74,615.67 |
| 0.00 |
| 0.00 |
|
|
| 36 |
| 18,909.84 |
| 14,172.96 |
| 0.00 |
| 0.00 |
| 14,810.55 |
| 60,294.89 |
| 0.00 |
| 0.00 |
|
|
| 37 |
| 18,044.21 |
| 4,466.59 |
| 0.00 |
| 0.00 |
| 14,810.55 |
| 56,291.08 |
| 0.00 |
| 0.00 |
|
|
| 38 |
| 1,078.22 |
| 4,466.59 |
| 0.00 |
| 0.00 |
| 14,617.28 |
| 54,591.96 |
| 0.00 |
| 0.00 |
|
|
| 39 |
| 6,705.48 |
| 43,694.41 |
| 0.00 |
| 0.00 |
| 14,530.81 |
| 86,685.68 |
| 0.00 |
| 0.00 |
|
|
| 40 |
| 1,078.22 |
| 150,000.99 |
| 0.00 |
| 0.00 |
| 33,475.68 |
| 214,246.79 |
| 0.00 |
| 0.00 |
|
|
| 41 |
| 48,431.20 |
| 130,218.96 |
| 0.00 |
| 0.00 |
| 14,307.42 |
| 125,061.07 |
| 0.00 |
| 0.00 |
|
|
| 42 |
| 35,853.61 |
| 116,051.91 |
| 0.00 |
| 0.00 |
| 53,584.17 |
| 81,240.92 |
| 0.00 |
| 0.00 |
|
|
| 43 |
| 46,562.93 |
| 370.79 |
| 0.00 |
| 0.00 |
| 72,615.16 |
| 1,585.66 |
| 0.00 |
| 0.00 |
|
|
| 44 |
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 346.08 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 45 |
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 590.10 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 46 |
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 47 |
| 0.00 |
| 6,353.93 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 48 |
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 49 |
| 0.00 |
| 370.19 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 50 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 51 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 52 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 53 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 54 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 55 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 56 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 57 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 58 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 59 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 60 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 61 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 62 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 63 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 64 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 65 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 66 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 67 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 68 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 69 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 70 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 71 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 72 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 73 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 74 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 75 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 76 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 77 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 78 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Amount of Scheduled Cashflow |
| Total |
| 21,992,974.52 |
| 80,619,676.69 |
| 1,341,162.83 |
| 4,947,483.37 |
| 17,686,097.14 |
| 56,001,901.44 |
| 1,021,401.84 |
| 6,708,468.93 |
|
Discount Rate |
|
|
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning Contract Value |
|
|
| 20,795,520.20 |
| 76,437,969.29 |
| 1,408,473.39 |
| 5,676,842.40 |
| 16,802,182.86 |
| 54,317,952.38 |
| 1,051,830.13 |
| 6,883,077.82 |
|
Scheduled Contract Value Decline |
|
|
| 368,527.15 |
| 1,867,984.78 |
| 97,220.49 |
| 736,287.78 |
| 714,293.17 |
| 2,505,973.68 |
| 70,258.78 |
| 346,866.80 |
|
Unscheduled Contract Value Decline |
|
|
| 216,611.59 |
| (56,946.80 | ) | 32,429.26 |
| 109,368.14 |
| (173,607.19 | ) | (74,542.05 | ) | 1,470.61 |
| 8,945.70 |
|
Additional Contract Value Added |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
Ending Contract Value |
|
|
| 20,210,381.46 |
| 74,626,931.31 |
| 1,278,823.64 |
| 4,831,186.48 |
| 16,261,496.88 |
| 51,886,520.75 |
| 980,100.74 |
| 6,527,265.32 |
|
|
|
|
| 5502034 |
| 502035 |
| 5502034 |
| 5502035 |
| 502036 |
| 502037 |
| 502038 |
| 5502036 |
| 5502037 |
|
Cutoff Date |
|
|
| 7/31/2004 |
| ||||||||||||||||
|
|
| 2/28/2002 |
| 3/31/2002 |
| 3/31/2002 |
| 3/31/2002 |
| 4/30/2002 |
| 4/30/2002 |
| 4/30/2002 |
| 4/30/2002 |
| 4/30/2002 |
| |
| Period |
| Pool 9 |
| Pool 10 |
| Pool 11 |
| Pool 12 |
| Pool 13 |
| Pool 14 |
| Pool 15 |
| Pool 16 |
| Pool 17 |
| |
Scheduled Cashflows |
| 0 |
| 172,903.39 |
| 16,609.45 |
| 267,819.49 |
| 14,538.21 |
| 430,778.19 |
| 40,569.01 |
| 127,191.88 |
| 479,306.74 |
| 55,464.22 |
|
|
| 1 |
| 459,011.54 |
| 121,298.92 |
| 509,039.87 |
| 144,890.70 |
| 616,420.22 |
| 169,079.97 |
| 0.00 |
| 598,900.56 |
| 215,510.97 |
|
|
| 2 |
| 707,192.33 |
| 140,967.09 |
| 708,705.59 |
| 183,727.21 |
| 789,024.31 |
| 227,386.97 |
| 0.00 |
| 824,924.25 |
| 243,360.61 |
|
|
| 3 |
| 441,946.54 |
| 152,363.63 |
| 543,584.00 |
| 160,860.76 |
| 784,542.19 |
| 225,169.55 |
| 0.00 |
| 813,272.77 |
| 234,805.35 |
|
|
| 4 |
| 448,830.36 |
| 145,509.86 |
| 573,437.96 |
| 168,381.61 |
| 767,722.95 |
| 221,486.70 |
| 0.00 |
| 719,798.83 |
| 236,353.39 |
|
|
| 5 |
| 705,248.62 |
| 157,104.98 |
| 647,855.05 |
| 166,180.29 |
| 974,452.01 |
| 230,328.94 |
| 0.00 |
| 816,832.19 |
| 229,801.04 |
|
|
| 6 |
| 613,360.33 |
| 144,432.28 |
| 556,760.18 |
| 172,613.68 |
| 736,465.18 |
| 228,831.32 |
| 0.00 |
| 709,844.03 |
| 226,166.27 |
|
|
| 7 |
| 2,318,204.27 |
| 207,436.49 |
| 2,011,246.62 |
| 361,065.16 |
| 773,300.32 |
| 239,991.91 |
| 0.00 |
| 658,437.26 |
| 230,128.75 |
|
|
| 8 |
| 4,824,570.26 |
| 207,800.73 |
| 2,029,075.37 |
| 245,933.74 |
| 3,945,076.28 |
| 469,367.24 |
| 0.00 |
| 2,445,614.56 |
| 448,425.67 |
|
|
| 9 |
| 545,892.97 |
| 34,034.60 |
| 438,839.04 |
| 5,405.42 |
| 5,766,117.68 |
| 313,769.51 |
| 0.00 |
| 2,365,794.90 |
| 233,674.95 |
|
|
| 10 |
| 343,997.02 |
| 17,929.58 |
| 462,732.73 |
| 1,316.74 |
| 546,785.74 |
| 31,149.08 |
| 0.00 |
| 583,755.41 |
| 6,240.87 |
|
|
| 11 |
| 368,217.62 |
| 17,929.58 |
| 462,459.94 |
| 1,262.44 |
| 510,472.22 |
| 23,221.74 |
| 0.00 |
| 603,431.71 |
| 7,103.06 |
|
|
| 12 |
| 305,626.25 |
| 19,368.69 |
| 450,537.60 |
| 1,262.44 |
| 486,171.21 |
| 23,079.70 |
| 0.00 |
| 601,345.45 |
| 7,103.06 |
|
|
| 13 |
| 387,210.21 |
| 19,368.69 |
| 489,809.44 |
| 6,789.69 |
| 507,984.02 |
| 20,490.18 |
| 0.00 |
| 565,489.16 |
| 7,103.06 |
|
|
| 14 |
| 568,857.49 |
| 19,368.69 |
| 614,316.07 |
| 1,262.44 |
| 642,572.72 |
| 12,407.22 |
| 0.00 |
| 679,423.67 |
| 12,001.33 |
|
|
| 15 |
| 345,377.16 |
| 27,730.79 |
| 469,158.49 |
| 1,262.44 |
| 609,666.25 |
| 14,996.58 |
| 0.00 |
| 688,794.99 |
| 7,103.06 |
|
|
| 16 |
| 337,386.45 |
| 19,368.69 |
| 470,005.30 |
| 1,262.44 |
| 606,834.28 |
| 12,407.22 |
| 0.00 |
| 605,382.02 |
| 7,103.06 |
|
|
| 17 |
| 535,540.79 |
| 30,635.84 |
| 521,685.75 |
| 1,262.44 |
| 706,636.63 |
| 12,407.22 |
| 0.00 |
| 695,868.90 |
| 5,328.37 |
|
|
| 18 |
| 463,023.61 |
| 17,929.58 |
| 477,969.09 |
| 1,262.44 |
| 585,629.41 |
| 14,996.58 |
| 0.00 |
| 573,901.57 |
| 5,328.37 |
|
|
| 19 |
| 1,632,018.37 |
| 17,929.58 |
| 1,647,646.43 |
| 12,399.39 |
| 611,285.88 |
| 32,407.22 |
| 0.00 |
| 538,234.69 |
| 5,328.37 |
|
|
| 20 |
| 3,666,732.54 |
| 51,077.13 |
| 1,495,605.71 |
| 28,912.77 |
| 2,832,688.73 |
| 32,638.81 |
| 0.00 |
| 2,044,788.56 |
| 72,101.27 |
|
|
| 21 |
| 375,403.13 |
| 16,931.48 |
| 349,812.16 |
| 165.03 |
| 4,000,894.77 |
| 52,171.67 |
| 0.00 |
| 1,890,908.62 |
| 37,984.50 |
|
|
| 22 |
| 202,508.39 |
| 16,931.48 |
| 356,200.30 |
| 165.03 |
| 333,334.14 |
| 8,645.81 |
| 0.00 |
| 412,103.20 |
| 1,570.38 |
|
|
| 23 |
| 190,474.83 |
| 16,931.48 |
| 353,512.62 |
| 165.03 |
| 335,618.07 |
| 8,645.81 |
| 0.00 |
| 437,357.84 |
| 3,345.07 |
|
|
| 24 |
| 164,071.71 |
| 18,370.59 |
| 339,023.01 |
| 165.03 |
| 275,893.73 |
| 8,645.81 |
| 0.00 |
| 430,157.22 |
| 3,345.07 |
|
|
| 25 |
| 248,205.98 |
| 18,370.59 |
| 368,926.88 |
| 5,692.28 |
| 318,684.23 |
| 8,645.81 |
| 0.00 |
| 396,130.29 |
| 3,345.07 |
|
|
| 26 |
| 358,373.17 |
| 18,370.59 |
| 472,894.61 |
| 165.03 |
| 416,687.34 |
| 8,645.81 |
| 0.00 |
| 493,815.84 |
| 8,243.34 |
|
|
| 27 |
| 196,549.64 |
| 26,732.69 |
| 341,932.64 |
| 165.03 |
| 366,610.40 |
| 8,645.81 |
| 0.00 |
| 486,201.71 |
| 3,345.07 |
|
|
| 28 |
| 155,154.22 |
| 18,370.59 |
| 353,541.32 |
| 165.03 |
| 417,238.09 |
| 8,645.81 |
| 0.00 |
| 447,500.06 |
| 3,344.87 |
|
|
| 29 |
| 345,451.96 |
| 29,637.86 |
| 398,006.70 |
| 165.03 |
| 424,931.55 |
| 8,645.81 |
| 0.00 |
| 507,518.96 |
| 1,570.38 |
|
|
| 30 |
| 289,767.90 |
| 16,229.78 |
| 342,564.41 |
| 165.03 |
| 374,473.42 |
| 8,645.81 |
| 0.00 |
| 415,001.61 |
| 1,570.38 |
|
|
| 31 |
| 1,256,285.10 |
| 15,885.22 |
| 1,401,672.26 |
| 11,302.28 |
| 382,507.82 |
| 28,645.81 |
| 0.00 |
| 372,192.16 |
| 1,570.38 |
|
|
| 32 |
| 2,713,358.11 |
| 43,008.99 |
| 1,084,134.47 |
| 14,120.00 |
| 2,147,499.55 |
| 19,205.45 |
| 0.00 |
| 1,499,697.52 |
| 43,216.78 |
|
|
| 33 |
| 160,154.35 |
| 1,306.27 |
| 45,968.87 |
| 0.00 |
| 2,854,056.05 |
| 33,537.56 |
| 0.00 |
| 1,250,810.75 |
| 26,907.87 |
|
|
| 34 |
| 10,267.03 |
| 1,306.07 |
| 30,296.09 |
| 0.00 |
| 149,844.00 |
| 1,409.99 |
| 0.00 |
| 43,560.54 |
| 0.00 |
|
|
| 35 |
| 20,765.62 |
| 0.00 |
| 39,353.85 |
| 0.00 |
| 70,197.35 |
| 1,409.99 |
| 0.00 |
| 54,645.75 |
| 0.00 |
|
|
| 36 |
| 7,564.37 |
| 0.00 |
| 28,995.22 |
| 0.00 |
| 1,200.80 |
| 1,409.99 |
| 0.00 |
| 57,533.22 |
| 0.00 |
|
|
| 37 |
| 2,973.45 |
| 0.00 |
| 28,476.81 |
| 0.00 |
| 33,556.71 |
| 1,409.99 |
| 0.00 |
| 38,340.61 |
| 0.00 |
|
|
| 38 |
| 21,860.72 |
| 0.00 |
| 78,541.39 |
| 0.00 |
| 88,864.81 |
| 1,409.99 |
| 0.00 |
| 40,682.86 |
| 0.00 |
|
|
| 39 |
| 21,859.86 |
| 0.00 |
| 28,311.19 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 43,124.23 |
| 0.00 |
|
|
| 40 |
| 2,973.45 |
| 0.00 |
| 28,311.19 |
| 0.00 |
| 91,062.52 |
| 1,409.99 |
| 0.00 |
| 52,373.74 |
| 0.00 |
|
|
| 41 |
| 23,512.44 |
| 0.00 |
| 37,113.07 |
| 0.00 |
| 14,389.47 |
| 1,409.99 |
| 0.00 |
| 65,498.54 |
| 0.00 |
|
|
| 42 |
| 2,973.45 |
| 0.00 |
| 27,995.13 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 35,458.51 |
| 0.00 |
|
|
| 43 |
| 2,973.45 |
| 0.00 |
| 86,116.82 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 35,160.14 |
| 0.00 |
|
|
| 44 |
| 60,323.08 |
| 0.00 |
| 83,900.05 |
| 0.00 |
| 40,266.46 |
| 1,409.99 |
| 0.00 |
| 146,704.58 |
| 0.00 |
|
|
| 45 |
| 0.00 |
| 0.00 |
| 547.49 |
| 0.00 |
| 43,975.83 |
| 1,410.21 |
| 0.00 |
| 106,165.47 |
| 0.00 |
|
|
| 46 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 267.96 |
| 0.00 |
|
|
| 47 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 2,010.08 |
| 0.00 |
| 0.00 |
| 651.14 |
| 0.00 |
|
|
| 48 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 49 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 50 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 51 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 52 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 53 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 54 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 55 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 56 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 57 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 58 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 59 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 60 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 61 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 62 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 63 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 64 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 65 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 66 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 67 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 68 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 69 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 70 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 71 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 72 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 73 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 74 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 75 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 76 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 77 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 78 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Amount of Scheduled Cashflow |
| Total |
| 27,024,953.53 |
| 1,844,578.55 |
| 22,554,438.27 |
| 1,714,452.28 |
| 37,414,423.61 |
| 2,824,475.55 |
| 127,191.88 |
| 28,372,705.29 |
| 2,634,894.26 |
|
Discount Rate |
|
|
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning Contract Value |
|
|
| 20,795,520.20 |
| 1,897,209.48 |
| 21,258,425.88 |
| 1,832,854.18 |
| 35,247,375.28 |
| 2,933,225.71 |
| 167,104.57 |
| 26,979,920.32 |
| 2,789,128.92 |
|
Scheduled Contract Value Decline |
|
|
| 368,527.15 |
| 128,211.60 |
| 584,811.15 |
| 146,819.06 |
| 803,144.96 |
| 196,902.86 |
| 167,104.57 |
| 990,406.40 |
| 254,801.29 |
|
Unscheduled Contract Value Decline |
|
|
| 216,611.59 |
| 18,672.52 |
| 35,767.36 |
| 26,769.66 |
| 260,224.86 |
| 34,886.44 |
| (127,191.88 | ) | 70,841.03 |
| (478.50 | ) |
Additional Contract Value Added |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
Ending Contract Value |
|
|
| 20,210,381.46 |
| 1,750,325.36 |
| 20,637,847.38 |
| 1,659,265.45 |
| 34,184,005.47 |
| 2,701,436.42 |
| 127,191.88 |
| 25,918,672.89 |
| 2,534,806.13 |
|
1
CNH Equipment Trust 2002-A
$162,400,000 Class A-1 2.0825% Asset Backed Notes due April 15, 2003
$235,456,000 Class A-2 3.1300% Asset Backed Notes due September 15, 2004
$356,019,000 Class A-3 Floating-Rate Asset Backed Notes due July 17, 2006
$183,625,000 Class A-4 Floating-Rate Asset Backed Notes due August 15, 2008
$30,000,000 Class B Floating-Rate Asset Backed Notes due August 15, 2008
$32,500,000 Class C Floating-Rate Asset Backed Notes due March 15, 2010
Settlement Date |
|
|
|
|
| |
Scheduled Payment Date |
| 8/15/2004 |
|
|
| |
Actual Payment Date |
| 8/16/2004 |
|
|
| |
Collection Period Begin Date |
| 7/1/2004 |
|
|
| |
Collection Period End Date |
| 7/31/2004 |
|
|
| |
Days in accrual period (30/360) |
| 30 |
|
|
| |
Days in accrual period (act/360) |
| 32 |
|
|
| |
1 month LIBOR Rate |
| 1.3800 | % |
|
| |
|
|
|
|
|
| |
Collateral Summary |
|
|
|
|
| |
Wtd. Average Discount Rate |
| 6.750 | % |
|
| |
Beginning Contract Value |
| 301,819,790.35 |
|
|
| |
Scheduled Contract Value Decline |
| 10,427,077.19 |
|
|
| |
Unscheduled Contract Value Decline |
| 528,107.52 |
|
|
| |
Additional Contract Value Purchased |
| 0.00 |
|
|
| |
Ending Contract Value |
| 290,864,605.64 |
|
|
| |
|
|
|
|
|
| |
Beginning Pre-funding Account Balance |
| 0.00 |
|
|
| |
Ending Pre-funding Account Balance |
| 0.00 |
|
|
| |
|
|
|
|
|
| |
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) |
| 301,819,790.35 |
|
|
| |
Total Ending Balance (Pool Balance + Pre-funding Account Balance) |
| 290,864,605.64 |
|
|
| |
Total Original Contract Value (including Additional Contracts) |
| 999,794,417.00 |
|
|
| |
|
|
|
|
|
| |
Collateral Performance |
|
|
|
|
| |
Scheduled Amounts 30 - 59 days past due |
| $ | 344,298.04 |
| 0.12 | % |
Scheduled Amounts 60 days or more past due |
| $ | 1,580,092.19 |
| 0.54 | % |
Net Losses on Liquidated Receivables |
| $ | 164,840.97 |
| 0.06 | % |
Cumulative Net Losses |
| $ | 3,868,823.21 |
|
|
|
Number of Loans at Beginning of Period |
| 23,834 |
|
|
| |
Number of Loans at End of Period |
| 23,478 |
|
|
| |
Repossessed Equipment not Sold or Reassigned (Beginning) |
| $ | 450,378.35 |
|
|
|
Repossessed Equipment not Sold or Reassigned (End) |
| $ | 550,876.81 |
|
|
|
|
|
|
|
|
| |
Collections and Reinvestment Income |
|
|
|
|
| |
Receipts During the period |
| $ | 12,620,207.56 |
|
|
|
|
|
|
|
|
| |
Warranty Repurchases |
|
|
|
|
| |
Contracts deferred beyond Final Scheduled Maturity Date |
| $ | 0.00 |
|
|
|
Government obligors |
| $ | 0.00 |
|
|
|
Total Warranty Repurchases |
| $ | 0.00 |
|
|
|
|
|
|
|
|
| |
Total Collections For The Period |
| $ | 12,620,207.56 |
|
|
|
|
|
|
|
|
| |
Reinvestment Income (excluding Pre-funding Account) |
| $ | 46,936.19 |
|
|
|
Reinvestment Income on Pre-funding Account) |
| $ | 0.00 |
|
|
|
|
|
|
|
|
| |
Net Swap Receipts |
| 0.00 |
|
|
| |
Net Swap Termination Payments due Trust from the Swap CounterParty |
| $ | 0.00 |
|
|
|
|
|
|
|
|
| |
Total Collections + Reinvestment Income For The Period - Swap Receipt |
| $ | 12,667,143.75 |
|
|
|
|
|
|
|
|
| |
Swap Termination Payments due to Swap CounterParty |
| $ | 0.00 |
|
|
|
Prior Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
|
Total Swap Termination Payment due to Swap CounterParty |
| $ | 0.00 |
|
|
|
2
CNH Equipment Trust 2002-A
$162,400,000 Class A-1 2.0825% Asset Backed Notes due April 15, 2003
$235,456,000 Class A-2 3.1300% Asset Backed Notes due September 15, 2004
$356,019,000 Class A-3 Floating-Rate Asset Backed Notes due July 17, 2006
$183,625,000 Class A-4 Floating-Rate Asset Backed Notes due August 15, 2008
$30,000,000 Class B Floating-Rate Asset Backed Notes due August 15, 2008
$32,500,000 Class C Floating-Rate Asset Backed Notes due March 15, 2010
Actual Payment Date |
|
|
|
|
| 8/16/2004 |
|
|
| ||
|
|
|
|
|
|
|
|
|
| ||
Calculation of Distributable Amounts |
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
| ||
Current Servicing Fee Due |
|
|
| 1.000 | % | $ | 251,516.49 |
|
|
| |
Past Due Servicing Fee |
|
|
|
|
| $ | 0.00 |
|
|
| |
Total Servicing Fee Due |
|
|
|
|
| $ | 251,516.49 |
|
|
| |
|
|
|
|
|
|
|
|
|
| ||
Current Administration Fee Due |
|
|
| $ | 500.00 |
| $ | 166.67 |
|
|
|
Past Due Administration Fee |
|
|
|
|
| $ | 0.00 |
|
|
| |
Total Administration Fee Due |
|
|
|
|
| $ | 166.67 |
|
|
| |
|
|
|
|
|
|
|
|
|
| ||
Total Principal Balance of Notes and Certificates (Beginning of Period) |
|
|
|
|
| $ | 301,819,790.35 |
|
|
| |
A-1 notes Beginning Principal balance |
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Beginning Principal balance |
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Beginning Principal balance |
|
|
|
|
| $ | 99,140,196.64 |
|
|
| |
A-4 notes Beginning Principal balance |
|
|
|
|
| $ | 183,625,000.00 |
|
|
| |
B notes Beginning Principal balance |
|
|
|
|
| $ | 9,054,593.71 |
|
|
| |
C notes Beginning Principal balance |
|
|
|
|
| $ | 10,000,000.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Current Interest Due |
| 2.0825% act/360 |
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Current Interest Due |
| 3.1300% 30/360 |
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Current Interest Due |
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
| 1.38000 | % |
|
| ||
Spread for Note |
|
|
|
|
| 0.25000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
| 1.63000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Current Interest Due |
|
|
|
|
| $ | 143,643.13 |
|
|
| |
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Swap float Rate receipt due |
|
|
|
|
| $ | 121,611.97 |
|
|
| |
Class A-3 Swap fixed Rate payment due |
| 4.2130% 30/360 |
|
|
| $ | 348,064.71 |
|
|
| |
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Net Swap receipt |
|
|
|
|
| 0.00 |
|
|
| ||
Class A-3 Past due Net Swap payment |
|
|
|
|
| 0.00 |
|
|
| ||
Interest on Class A-3 Past due Net Swap payment |
|
|
|
|
| 0.00 |
|
|
| ||
Class A-3 Net Swap payment |
|
|
|
|
| 226,452.74 |
|
|
| ||
|
|
|
|
|
|
|
|
|
| ||
Class A-4 Current Interest Due |
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
| 1.38000 | % |
|
| ||
Spread for Note |
|
|
|
|
| 0.30000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
| 1.68000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
| ||
Class A-4 Current Interest Due |
|
|
|
|
| $ | 274,213.33 |
|
|
| |
|
|
|
|
|
|
|
|
|
| ||
Class A-4 Swap float Rate receipt due |
|
|
|
|
| $ | 225,246.67 |
|
|
| |
Class A-4 Swap fixed Rate payment due |
| 4.9950% 30/360 |
|
|
| $ | 764,339.06 |
|
|
| |
|
|
|
|
|
|
|
|
|
| ||
Class A-4 Net Swap receipt |
|
|
|
|
| 0.00 |
|
|
| ||
Class A-4 Past due Net Swap payment |
|
|
|
|
| 0.00 |
|
|
| ||
Interest on Class A-4 Past due Net Swap payment |
|
|
|
|
| 0.00 |
|
|
| ||
Class A-4 Net Swap payment |
|
|
|
|
| 539,092.39 |
|
|
| ||
|
|
|
|
|
|
|
|
|
| ||
Class B Current Interest Due |
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
| 1.38000 | % |
|
| ||
Spread for Note |
|
|
|
|
| 0.97000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
| 2.35000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
| ||
Class B Current Interest Due |
|
|
|
|
| $ | 18,914.04 |
|
|
| |
|
|
|
|
|
|
|
|
|
| ||
Class B Swap float Rate receipt due |
|
|
|
|
| $ | 11,106.97 |
|
|
| |
Class B Swap fixed Rate payment due |
| 4.3230% 30/360 |
|
|
| $ | 32,619.17 |
|
|
| |
|
|
|
|
|
|
|
|
|
| ||
Class B Net Swap receipt |
|
|
|
|
| 0.00 |
|
|
| ||
Class B Past due Net Swap payment |
|
|
|
|
| 0.00 |
|
|
| ||
Interest on Class B Past due Net Swap payment |
|
|
|
|
| 0.00 |
|
|
| ||
Class B Net Swap payment |
|
|
|
|
| 21,512.20 |
|
|
| ||
|
|
|
|
|
|
|
|
|
| ||
Class C Current Interest Due |
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
| 1.38000 | % |
|
| ||
Spread for Note |
|
|
|
|
| 1.90000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
| 3.28000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
| ||
Class C Current Interest Due |
|
|
|
|
| $ | 29,155.56 |
|
|
| |
|
|
|
|
|
|
|
|
|
| ||
Class C Swap float Rate receipt due |
|
|
|
|
| $ | 12,266.67 |
|
|
| |
Class C Swap fixed Rate payment due |
| 4.4675% 30/360 |
|
|
| $ | 37,229.17 |
|
|
| |
|
|
|
|
|
|
|
|
|
| ||
Class C Net Swap receipt |
|
|
|
|
| 0.00 |
|
|
| ||
Class C Past due Net Swap payment |
|
|
|
|
| 0.00 |
|
|
| ||
Interest on Class C Past due Net Swap payment |
|
|
|
|
| 0.00 |
|
|
| ||
Class C Net Swap payment |
|
|
|
|
| 24,962.50 |
|
|
| ||
|
|
|
|
|
|
|
|
|
| ||
Net Swap Payments Due |
|
|
|
|
| 812,019.83 |
|
|
| ||
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Past Due Interest |
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Past Due Interest |
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Past Due Interest |
|
|
|
|
| $ | 0.00 |
|
|
| |
A-4 notes Past Due Interest |
|
|
|
|
| $ | 0.00 |
|
|
| |
B notes Past Due Interest |
|
|
|
|
| $ | 0.00 |
|
|
| |
C notes Past Due Interest |
|
|
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Interest Due on Past Due Interest |
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Interest Due on Past Due Interest |
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Interest Due on Past Due Interest |
|
|
|
|
| $ | 0.00 |
|
|
| |
A-4 notes Interest Due on Past Due Interest |
|
|
|
|
| $ | 0.00 |
|
|
| |
B notes Interest Due on Past Due Interest |
|
|
|
|
| $ | 0.00 |
|
|
| |
3
C notes Interest Due on Past Due Interest |
| $ | 0.00 |
|
|
|
|
| |
A-1 notes Total Interest Due |
| $ | 0.00 |
|
A-2 notes Total Interest Due |
| $ | 0.00 |
|
A-3 notes Total Interest Due |
| $ | 143,643.13 |
|
A-4 notes Total Interest Due |
| $ | 274,213.33 |
|
B notes Total Interest Due |
| $ | 18,914.04 |
|
C notes Total Interest Due |
| $ | 29,155.56 |
|
|
|
|
| |
Class A Noteholders’ Monthly Principal Distributable Amount |
| $ | 10,079,628.85 |
|
Class B Noteholders’ Monthly Principal Distributable Amount |
| $ | 328,655.54 |
|
Class C Noteholders’ Monthly Principal Distributable Amount |
| $ | 0.00 |
|
Reallocated Class C Principal Amount |
| $ | 546,900.32 |
|
|
|
|
| |
A-1 notes Principal Due |
| $ | 0.00 |
|
A-2 notes Principal Due |
| $ | 0.00 |
|
A-3 notes Principal Due |
| $ | 10,626,529.17 |
|
A-4 notes Principal Due |
| $ | 0.00 |
|
Class B notes Principal Due |
| $ | 328,655.54 |
|
Class C notes Principal Due |
| $ | 0.00 |
|
|
|
|
| |
Total notes Interest Due |
| $ | 465,926.06 |
|
Total notes Principal Due |
| $ | 10,955,184.71 |
|
Net Swap/Termination Payment Due |
| $ | 812,019.83 |
|
Total notes Distributable Amount |
| $ | 12,233,130.60 |
|
4
CNH Equipment Trust 2002-A
$162,400,000 Class A-1 2.0825% Asset Backed Notes due April 15, 2003
$235,456,000 Class A-2 3.1300% Asset Backed Notes due September 15, 2004
$356,019,000 Class A-3 Floating-Rate Asset Backed Notes due July 17, 2006
$183,625,000 Class A-4 Floating-Rate Asset Backed Notes due August 15, 2008
$30,000,000 Class B Floating-Rate Asset Backed Notes due August 15, 2008
$32,500,000 Class C Floating-Rate Asset Backed Notes due March 15, 2010
Actual Payment Date |
| 8/16/2004 |
|
|
| ||
|
|
|
|
|
| ||
Cash Available for Distribution |
|
|
|
|
| ||
Total Collections + Reinvestment Income For The Period |
| $ | 12,667,143.75 |
|
|
| |
|
|
|
|
|
| ||
Beginning Negitive Carry Account |
| $ | 0.00 |
|
|
| |
Deposits from Negitive Carry Account to Distribution Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Beginning Spread Account Balance |
| $ | 32,493,318.55 |
|
|
| |
Additional Deposit to Spread Account from Pre-funding |
| $ | 0.00 |
|
|
| |
Deposits from Spread Account to Distribution Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Beginning Principal Supplement Account |
| $ | 0.00 |
|
|
| |
Deposits from Principal Supplement Account to Distribution Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Beginning Prefunding Account |
|
|
|
|
| ||
Deposits from Prefunding Account |
|
|
|
|
| ||
|
|
|
|
|
| ||
Total Cash Available |
| $ | 12,667,143.75 |
|
|
| |
|
|
|
|
|
| ||
|
|
|
| Available |
| ||
|
|
|
|
|
| ||
Cash Allocation (Cashflow Waterfall) |
|
|
|
|
| ||
Is CNH the servicier |
| Yes |
|
|
| ||
Servicing Fee Paid (If CNH is not the servicer) |
| $ | 0.00 |
|
|
| |
Servicing Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 12,667,143.75 |
| |
Administration Fee Paid |
| $ | 166.67 |
|
|
| |
Administration Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 12,666,977.08 |
| |
Net Swap Payment Paid |
| $ | 812,019.83 |
|
|
| |
Net Swap Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Class A Interest & Swap Termination Payment |
|
|
| $ | 11,854,957.25 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class A Interest |
| $ | 11,854,957.25 |
|
|
| |
Cash Available to Pay Class A Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class A-1 notes Interest Paid |
| $ | 0.00 |
|
|
| |
Class A-2 notes Interest Paid |
| $ | 0.00 |
|
|
| |
Class A-3 notes Interest Paid |
| $ | 143,643.13 |
|
|
| |
Class A-4 notes Interest Paid |
| $ | 274,213.33 |
|
|
| |
|
|
|
|
|
| ||
Class A-1 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
Class A-2 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
Class A-3 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
Class A-4 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Cash Available to Pay Class A Termination Payment |
| $ | 11,437,100.79 |
|
|
| |
|
|
|
|
|
| ||
Class A Swap Termination Payments due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
Prior Class A Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
Total Class A Swap Termination Payment due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class A Swap Termination Payment Paid |
| $ | 0.00 |
|
|
| |
Class A Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Class B Interest & Swap Termination Payment |
|
|
| $ | 11,437,100.79 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class B Interest |
| $ | 11,437,100.79 |
|
|
| |
Cash Available to Pay Class B Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class B notes Interest Paid |
| $ | 18,914.04 |
|
|
| |
Class B notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Cash Available to Pay Class B Termination Payment |
| $ | 11,418,186.75 |
|
|
| |
|
|
|
|
|
| ||
Class B Swap Termination Payments due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
Prior Class B Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
Total Class B Swap Termination Payment due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class B Swap Termination Payment Paid |
| $ | 0.00 |
|
|
| |
Class B Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Class C Interest & Swap Termination Payment |
|
|
| $ | 11,418,186.75 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class C Interest |
| $ | 11,418,186.75 |
|
|
| |
Cash Available to Pay Class C Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class C notes Interest Paid |
| $ | 29,155.56 |
|
|
| |
Class C notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Cash Available to Pay Class C Termination Payment |
| $ | 11,389,031.19 |
|
|
| |
|
|
|
|
|
| ||
Class C Swap Termination Payments due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
Prior Class C Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
Total Class C Swap Termination Payment due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class C Swap Termination Payment Paid |
| $ | 0.00 |
|
|
| |
Class C Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
|
|
|
| $ | 11,389,031.19 |
| |
Class A-1 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-2 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-3 notes Principal Paid |
| $ | 10,626,529.17 |
|
|
| |
Class A-4 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class B notes Principal Paid |
| $ | 328,655.54 |
|
|
| |
5
Class C notes Principal Paid |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 433,846.48 |
| |
Deposits to Spread Account |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 433,846.48 |
| |
Total Principal Balance of Notes and Certificates (End of Period) |
| $ | 290,864,605.64 |
|
|
| |
A-1 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
A-2 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
A-3 notes Ending Principal balance |
| $ | 88,513,667.47 |
|
|
| |
A-4 notes Ending Principal balance |
| $ | 183,625,000.00 |
|
|
| |
B notes Ending Principal balance |
| $ | 8,725,938.17 |
|
|
| |
C notes Ending Principal balance |
| $ | 10,000,000.00 |
|
|
| |
|
|
|
|
|
| ||
Servicing Fee Paid (If CNH is the servicer) |
| $ | 251,516.49 |
|
|
| |
Servicing Fee Shortfall |
| $ | 0.00 |
|
|
| |
Release to Seller as Excess |
| $ | 182,329.99 |
| $ | 182,329.99 |
|
6
CNH Equipment Trust 2002-A
$162,400,000 Class A-1 2.0825% Asset Backed Notes due April 15, 2003
$235,456,000 Class A-2 3.1300% Asset Backed Notes due September 15, 2004
$356,019,000 Class A-3 Floating-Rate Asset Backed Notes due July 17, 2006
$183,625,000 Class A-4 Floating-Rate Asset Backed Notes due August 15, 2008
$30,000,000 Class B Floating-Rate Asset Backed Notes due August 15, 2008
$32,500,000 Class C Floating-Rate Asset Backed Notes due March 15, 2010
Actual Payment Date |
|
|
|
|
|
|
| 8/16/2004 |
|
|
|
|
| |||
|
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|
|
|
|
|
|
|
|
|
|
|
| |||
|
|
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|
|
|
|
| Amount |
| Factor |
| Per/$1000 |
| |||
Summary and Factors |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (Beginning of Period) |
|
|
|
|
|
|
| $ | 301,819,790.35 |
| 0.3018198 |
| $ | 301.82 |
| |
A-1 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
A-2 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
A-3 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 99,140,196.64 |
| 0.2784688 |
| $ | 278.47 |
| |
A-4 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 183,625,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
| |
B notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 9,054,593.71 |
| 0.3018198 |
| $ | 301.82 |
| |
C notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 10,000,000.00 |
| 0.3076923 |
| $ | 307.69 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (End of Period) |
|
|
|
|
|
|
| $ | 290,864,605.64 |
| 0.2908646 |
| $ | 290.86 |
| |
A-1 notes Ending Principal balance |
| 2.0825 | % | $ | 162,400,000.00 |
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
|
A-2 notes Ending Principal balance |
| 3.1300 | % | $ | 235,456,000.00 |
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
|
A-3 notes Ending Principal balance |
| 4.4630 | % | $ | 356,019,000.00 |
|
|
| $ | 88,513,667.47 |
| 0.2486206 |
| $ | 248.62 |
|
A-4 notes Ending Principal balance |
| 5.2950 | % | $ | 183,625,000.00 |
| 93.75 | % | $ | 183,625,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
|
B notes Ending Principal balance |
| 5.2930 | % | $ | 30,000,000.00 |
| 3.00 | % | $ | 8,725,938.17 |
| 0.2908646 |
| $ | 290.86 |
|
C notes Ending Principal balance |
| 6.3675 | % | $ | 32,500,000.00 |
| 3.25 | % | $ | 10,000,000.00 |
| 0.3076923 |
| $ | 307.69 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Class A-1 notes Interest Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-2 notes Interest Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-3 notes Interest Paid |
|
|
|
|
|
|
| $ | 143,643.13 |
| 0.0004035 |
| $ | 0.40 |
| |
Class A-4 notes Interest Paid |
|
|
|
|
|
|
| $ | 274,213.33 |
| 0.0014933 |
| $ | 1.49 |
| |
Class B notes Interest Paid |
|
|
|
|
|
|
| $ | 18,914.04 |
| 0.0006305 |
| $ | 0.63 |
| |
Class C notes Interest Paid |
|
|
|
|
|
|
| $ | 29,155.56 |
| 0.0008971 |
| $ | 0.90 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Class A-1 notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-2 notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-3 notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-4 notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class B notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class C notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Class A-1 notes Principal Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-2 notes Principal Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-3 notes Principal Paid |
|
|
|
|
|
|
| $ | 10,626,529.17 |
| 0.0298482 |
| $ | 29.85 |
| |
Class A-4 notes Principal Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class B notes Principal Paid |
|
|
|
|
|
|
| $ | 328,655.54 |
| 0.0109552 |
| $ | 10.96 |
| |
Class C notes Principal Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Negative Carry Account |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Negative Carry |
|
|
| 3/27/2002 |
|
|
| 2.533 | % |
|
|
|
| |||
Negative Carry Days Remaining |
|
|
| 9/16/2002 |
|
|
| 0 |
|
|
|
|
| |||
Required Negative Carry Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Beginning Negative Carry Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Negative Carry Account Withdrawals to Distribution Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Negative Carry Released to Seller |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Ending Negative Carry Account Balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Spread Account |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Required Spread Account Balance |
|
|
| 3.25 | % |
|
| $ | 32,493,318.55 |
|
|
|
|
| ||
Beginning Spread Account Balance |
|
|
| 4.50 | % |
|
| $ | 32,493,318.55 |
|
|
|
|
| ||
Additional Deposit to Spread Account from Pre-funding |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Spread Account Withdrawals to Distribution Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Spread Account Deposits from Excess Cash |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Spread Account Released to Seller |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Ending Spread Account Balance |
|
|
|
|
|
|
| $ | 32,493,318.55 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Principal Supplement Account |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Required Principal Supplement Account Balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Beginning Principal Supplement Account Balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Additional Deposit to Principal Supplement Account from Pre-funding |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Principal Supplement Account Withdrawals to Distribution Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Principal Supplement Account Released to Seller |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Ending Principal Supplement Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Pre-funding Account |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Beginning Pre-funding Account Balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
New Contract Value Purchased |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Deposits to Spread Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Deposits to Principal Supplement Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Excess Release to Noteholders for Unpurchased Amount |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Ending Pre-funding Account Balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Release to seller |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Release to Seller |
|
|
|
|
|
|
| $ | 434,013.15 |
|
|
|
|
| ||
7
